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Autonomous Organizations Blockchains are nice and all for automating paperwork, but they're only one component of a much broader set of technologies. Building
by jbpetersen 11y ago
Autonomous Organizations
Blockchains are nice and all for automating paperwork, but they're only one component of a much broader set of technologies.
Building the infrastructure of an organization solely through programmed economic incentives makes it possible to seamlessly draw on talent from anywhere in the world without being subject to the limitations of personal bias.
AOs also present an existential risk given that once they're up and running as a distributed network, it can be effectively impossible to hold them legally accountable for anything they do. Imagine someone trying to sue the bitcoin network.
Current work surrounding Ethereum is one place where the field is developing quickly.